• blogheader

Forecasting in Hotels starts with making a Budget

Written by Patrick Landman @ Xotels on .

The budget is indeed your first forecast. But how do we make an accurate forecast for a hotel? To do so we will be discussing the following elements; unconstrained demand, stay patterns, booking pace

Hotel Revenue Management Action Steps 2

Written by Patrick Landman @ Xotels on .

Based on the previous articles on the components of revenue management, KPI, market segmentation, yieldable and non-yieldable business and displacement calculations have defined a few simple action steps for hotels.

Displacement Calculation

Written by Patrick Landman @ Xotels on .

Are your contracted non-yieldable segments adding to your bottom line? Or are they displacing revenues that can be generated by selling public transient rates?

Yieldable vs. Non-Yieldable Segments

Written by Patrick Landman @ Xotels on .

How much of your business is yieldable? And how much of your business in non-yieldable? Or how much of your business allows you to really apply revenue management?

Hotel Market Segmentation

Written by Patrick Landman @ Xotels on .

One of the components needed to apply hotel revenue management is market segmentation. It allows you to target and market to a variety of consumer groups with different behavior with an offer that matches their needs and budget level.

Contact us.

CALL US.
 NL +31 208 084 756
 UK +44 203 608 0381
 BE +32 280 86 345
 ES +34 931 760 219
 FR +33 184 884 082
 US +1 202 888 0150
 
WRITE US.
 This email address is being protected from spambots. You need JavaScript enabled to view it.
 
FOLLOW US.
       
 
CAREERS.

Recent Tweets.

Having serious discussions on strategic expansion of Xotels into the Middle East and Gulf region. — in Dubai,... http://t.co/Kw89wI0NOg